Federal Budget 2024-25
The Federal Budget, handed down on Tuesday 14 May, contained a number of tax, superannuation, tax administration and social security/cost of living proposals that may impact your clients (and their businesses) in relation to the following matters:
- Instant asset write-off
- CGT and foreign residents
- The training and energy efficiency boosts
- ATO discretion to offset old tax debts
- Refund frauds and BAS refunds
- Student loans repayments
- Super to be paid on paid parental leave
- Social security deeming rates
- Commonwealth Rent Assistance
- and more.
Contact us if you would like to discuss any of these measures.
Download newsletter:
2024-25 Federal Budget – MBS Monthly Update
Disclaimer & Copyright: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information
